Willing New Energy Co., Ltd.

SZSE:002667 Stock Report

Market Cap: CN¥2.6b

Willing New Energy Balance Sheet Health

Financial Health criteria checks 2/6

Willing New Energy has a total shareholder equity of CN¥924.0M and total debt of CN¥415.7M, which brings its debt-to-equity ratio to 45%. Its total assets and total liabilities are CN¥1.9B and CN¥947.7M respectively.

Key information

45.0%

Debt to equity ratio

CN¥415.74m

Debt

Interest coverage ration/a
CashCN¥134.63m
EquityCN¥923.98m
Total liabilitiesCN¥947.72m
Total assetsCN¥1.87b

Recent financial health updates

No updates

Recent updates

Willing New Energy Co., Ltd. (SZSE:002667) Stock Rockets 25% As Investors Are Less Pessimistic Than Expected

Oct 30
Willing New Energy Co., Ltd. (SZSE:002667) Stock Rockets 25% As Investors Are Less Pessimistic Than Expected

The Market Lifts Willing New Energy Co., Ltd. (SZSE:002667) Shares 28% But It Can Do More

Aug 26
The Market Lifts Willing New Energy Co., Ltd. (SZSE:002667) Shares 28% But It Can Do More

Slammed 25% Willing New Energy Co., Ltd. (SZSE:002667) Screens Well Here But There Might Be A Catch

Jun 13
Slammed 25% Willing New Energy Co., Ltd. (SZSE:002667) Screens Well Here But There Might Be A Catch

Willing New Energy (SZSE:002667) Is Doing The Right Things To Multiply Its Share Price

Apr 03
Willing New Energy (SZSE:002667) Is Doing The Right Things To Multiply Its Share Price

Sentiment Still Eluding Willing New Energy Co., Ltd. (SZSE:002667)

Feb 27
Sentiment Still Eluding Willing New Energy Co., Ltd. (SZSE:002667)

Financial Position Analysis

Short Term Liabilities: 002667's short term assets (CN¥486.5M) do not cover its short term liabilities (CN¥743.6M).

Long Term Liabilities: 002667's short term assets (CN¥486.5M) exceed its long term liabilities (CN¥204.1M).


Debt to Equity History and Analysis

Debt Level: 002667's net debt to equity ratio (30.4%) is considered satisfactory.

Reducing Debt: 002667's debt to equity ratio has increased from 0.02% to 45% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: 002667 has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: 002667 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 48.5% each year


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